The most notable number for this week is the number from Friday of last week— but NOT the nonfarm payrolls number, despite its importance. The Michigan Survey of Consumer Confidence caught almost everyone unaware, both the decline in the figure and,
Economic Insights
Powell’s ‘Biggest Tell’ on Where Rates are Going
January 31, 2025 - Jeanette Garretty says the Fed was “very confident” after their decision to pause rate cuts this week. She says Powell’s “biggest tell” is his repeated mention that Fed policy is still restrictive and thinks they will cut again
FOMC Commentary – January 29, 2025
By Jeanette Garretty, Chief Economist The Federal Open Market Committee (FOMC) announced today it would leave the target Feds Funds interest rate unchanged at 4.25%-4.5%. Although financial markets expressed some mild disappointment that rates
Robertson Stephens Weekly Commentary – January 27, 2025
This week, the Federal Open Market Committee meeting is expected to introduce a new monetary policy concept: The Pause. Of course, there is no such theory called “The Pause,” and there is not much theory behind this (in)action. Last week, stocks
2025 and Beyond: Investment and Wealth Planning Outlook Webinar
Jan 24, 2025 - Chief Investment Officer Stuart Katz and Head of Wealth Planning Mallon FitzPatrick have a conversation moderated by Chief Economist Jeanette Garretty as they offer their perspective on markets and wealth
Robertson Stephens Weekly Commentary – January 21, 2025
Some of you will remember the famous quote from the film “Apocalypse Now”: “I love the smell of napalm in the morning.” You can be forgiven for thinking this might be the new, intentionally theatrical motto of trade negotiators everywhere. Earnings
Home Is Where the Heart Is
By Jeanette Garretty, Chief Economist
Robertson Stephens Weekly Commentary – January 13, 2025
It should be a doozy of a week. Financial markets are continuing to digest the extremely strong US nonfarm employment numbers from Friday while contemplating the release of a full load of inflation data. Strong economic growth going into the first
Robertson Stephens Weekly Commentary – January 6, 2025
Happy New Year. More so than most times, this "New" seems very new. Over the last 25 years, there have been only five two-year periods in which the US Congress and the White House have been controlled by the same political party; the current
Robertson Stephens Named to Newsweek’s America’s Top Financial Advisory Firms 2025
Award recognizes the firm’s impact and commitment to delivering excellent client service. SAN FRANCISCO, Dec. 19, 2024—Robertson Stephens Wealth Management, LLC ("Robertson Stephens"), a $7 billion registered investment advisor, announced today